HVY
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5.56% 9.5¢ heavy minerals limited

Ann: Quarterly Activities & Cashflow Reports, page-12

  1. Dumaguete22
    8,022 Posts.
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    20/01/22
    08:00
    Post #: 58994047
    Exploration Target of 170 to 250 million tonnes @ 3.5% to 4.5% THM containing
    approximately 46% Garnet (E70/5160).

    4% of 200000000 = 8000000

    45% of 8000000 = 3600000 of contained garnet

    so at the higher end of the target and supplying just 100k ton PA we will have a 36yr mine or 200k 18yr mine smile.png supplying the best in quality smile.png


    wait until the big money decides its a solid LT investment wink.png

    having your only true competitors directly next door in the mining industry... priceless
    HVY Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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